Hi Mark,
I think the problem with Probe, at least in terms of their gold is that their cut off grade is 0.3g/t and their AVERAGE grade is about 0.7g/t . Now, the distribution of this seems fairly consistent and I belive they will be successful in getting a positive feasibility study. Gold as I believed has rebounded very strongly and if I owned Probe, I would be watching gold prices like a hawk because they will be very dependant on high prices. However, if prices go where I believe they are going, Probe will be a good investment.
As for Noront, I think you will see many political discussions on it but I do not think we get anything that will give a kick to the share price till after the elections are done. Once the election is done, whoever wins, I think a key plank in their first 100 days will be the RoF and they will want to move on this asap. Once there is a firm announcement by the province, then watch the ball start rolling and gathering speed. Until we have elected officials, I think we go nowhere. Again, hope I am wrong but in the end, I think we are only a few months away from lighting this powder keg.
Glorieux
PS: I do not wish to start a political debate here but Hudak is from Fort Erie where I have my practice, he cut the ribbon to my practice and I have some friends that are well connected to him. I think that because of his understanding of rural areas, his stint as minister of northern affairs, we are more likely to see results quicker with a progressive government. However, to be fair, I do not know enough about McGuinty's platform to compare.